Description of Transaction:
- AHL acted as the Lead Manager, Arranger and Book Runner for TPL Properties Limited and successfully completed the IPO by raising PKR 718 Million for the Company.
- Strike Price was PKR 12.5/share
About the Issuer:
- The principal activity of the Company is to invest, purchase, develop and build real estate and to sell, rent out or otherwise dispose of in any manner the real estate including commercial and residential buildings, houses, shops, plots or other premises.
- The company capitalizes on growth opportunities, using their expertise to deliver value for the partners, customers, and shareholders.
- TPL Properties has 100% ownership of TPL REIT Management Company Ltd and TPL Property Management (Pvt.) Ltd.